Oil and Gas Prices Hold Steady on Calm Trading Day

Oil and gas prices end the week steady on easing Iraq fears
It appears as if gas prices might be set to ease just a bit with the Fourth of July weekend quickly approaching. Both oil and gas prices held steady on Friday on what was overall a quiet day for the energy markets. That’s good news where geopolitical unrest has moved the market upward in the preceding weeks.

US benchmark crude oil closed at $105.74 a barrel in New York for August delivery, $0.10 lower than it began the day. There was a slight uptick in the price of Brent crude, which closed at $113.30 a barrel in London, up $0.09 for the day. Brent crude is a benchmark for international oils which are used by many US refineries. Even with the slight increase on Friday, international o


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